Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

THIS IS WILD

[thenewsnake]

This is wild, beginning of September, US10 year was  4.25% yield, now its 4.42%, marginally higher....no new rate hikes in US or Canada, and look at  these price differentials with the sector being 11% lower (XRE).   That seems like a significant repricing for nothing

HR- $10.60 / $8.95
AX- $7.30 / $6.30
RIOCAN- $19.50 / $17.43
D.UN  - $14 / $8
XRE- $16.5 / $14.79

[InvestSmarter]

Itll revert back to mean the day after you sell .  Sounds like a buying opportunity just before rates start cutting.